Politics

• Monday, December 12th 2011 - 04:35 UTC

  In spite of “bitter disappointment” Lib-Dem will remain in UK coalition

  

  Divisions over Europe within the British coalition government were exposed when David Cameron's deputy said an EU summit that ended with the prime minister deploying his veto was a “bitter disappointment” and “bad for Britain.”

• Monday, December 12th 2011 - 04:29 UTC

  Humala reshuffles cabinet and names former military officer Prime Minister

  

  Peruvian President Ollanta Humala has picked Jorge Humberto Merino, who worked for the government agency that promotes foreign investment, to be his new mines and energy minister, local media reported on Sunday.

• Monday, December 12th 2011 - 04:27 UTC

  Chile with the worst OECD indexes; income ratio between rich and poor 27 to 1

  

  According to a new study by the Organization for Economic Co-operation and Development, income inequality in most economically developed countries is the worst it has been in nearly 25 years. Ten countries from the OECD report, particularly Chile are identified as having the worst income inequality.

• Monday, December 12th 2011 - 00:18 UTC

  Argentine organized labour admits a “difficult relationship” with CFK

  

  Argentina’s organized labour has admitted a “difficult relationship” between the government of President Cristina Fernandez and the CGT Labour Confederation, but there’s “no break-up or anything like it”.

• Sunday, December 11th 2011 - 20:00 UTC

  Battle Day in London – A New Chairman for the Association

  

  Falklands Battle Day was commemorated in Britain this year on Saturday December 10th at the Cenotaph, in fine sunny weather.

• Saturday, December 10th 2011 - 20:50 UTC

  CFK ratifies model but calls for competitiveness from labour and corporations

  

  Argentine President Cristina Fernández began on Saturday before Congress her second term with a seventy minutes speech strongly focused on domestic issues with clear messages to labour, corporations, the financial sector, the Judiciary but also a “fine tuning” pledge to continue with the current national, popular, inclusive economic development model.

• Saturday, December 10th 2011 - 05:54 UTC

  Moody’s downgrades the debt of the three main French banks

  

  Ratings agency Moody's downgraded the debt of BNP Paribas, Societe Generale, and Credit Agricole on Friday, citing deteriorating liquidity and funding conditions.

• Saturday, December 10th 2011 - 05:52 UTC

  IMF praise for Uruguay but warns about the need of labour flexibility

  

  The IMF recommended Uruguay greater flexibility in the management of macroeconomic policy, ahead of unexpected changes in the international scenario.

• Saturday, December 10th 2011 - 05:51 UTC

  “I think I did the right thing for Britain”, says PM Cameron

  

  British PM David Cameron has defended his decision to block an EU-wide treaty change to tackle the Euro zone crisis, despite warnings it will leave the UK isolated.

• Saturday, December 10th 2011 - 00:46 UTC

  Five leaders miss CFK inauguration ceremony to be aired live in Youtube

  

  The presidents of Venezuela, Colombia, Peru, Ecuador and Mexico, Hugo Chávez, Juan Manuel Santos, Ollanta Humala, Rafael Correa and Felipe Calderón have cancelled their trips to Buenos Aires and won’t attend President Cristina Fernández inauguration ceremony on Saturday.